Manager, IT Finance

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Job Details
Summary
Reporting to the Senior Director, the Manager, IT Finance is responsible for driving the overall financial modeling and analytical support of various IT Domains within Global Data and Technology Services (GDATS) organization, with an estimated spend under management of $100-$200M. This role also supports major transformation projects by delivering advanced financial modeling, leveraging analytical expertise, fostering strategic business partnerships, and shaping investment strategies to ensure the Domain's financial objectives align with enterprise goals. Manage a team of 5-6 IT finance professionals, fostering a collaborative and high-performing environment. Mentor staff to ensure robust execution of financial processes and alignment with the Cencora policies and financial controls.

Responsibilities

• Advanced Financial Modeling: Develop and maintain sophisticated financial models to support budgeting, forecasting, and strategic planning for the IT Domain's cost centers & transformation projects. Utilize scenario analysis, what-if scenarios, and break-even analysis to evaluate financial risks and opportunities, ensuring alignment with the project's strategic goals.
• Analytical Expertise: Conduct in-depth financial and operational analysis to identify trends, risks, and opportunities that drive the Domain's transformation and financial performance. Leverage tools such as Excel, Power BI, Power Query, etc. to deliver actionable insights for IT leadership and business stakeholders.
• Business Partnering: Collaborate closely with IT Domain leadership and cross-functional business units to align financial strategies with transformation objectives. Act as a trusted advisor, translating complex financial data into clear, actionable recommendations to support decision-making and project success.
• Investment Strategy Development: Lead the creation and analysis of business cases for technology-related investments tied to the transformation project. Evaluate investment opportunities, perform benchmarking, and develop strategies to maximize ROI while mitigating risks, ensuring alignment with the Domain's and enterprise's long-term objectives.
• Budgeting and Forecasting Leadership: Oversee the development and execution of the IT Domain's annual budget and quarterly forecast processes, ensuring alignment with the transformation project's strategic imperatives. Manage financial planning with precision, adhering to documented timelines and driving transparency into financial results.
• Financial Reporting and Insights: Convert monthly and quarterly financial data into concise, high-impact reports and dashboards for IT Senior Management. Provide actionable summaries, variance analyses, and strategic recommendations to support the transformation project and overall Domain performance.
• Transformation Project Support: Provide financial leadership for the IT Domain's major transformation project, offering guidance on cost management, resource allocation, and financial performance. Identify and recommend process improvements to enhance the efficiency and impact of financial operations.
• Stakeholder Engagement: Respond to financial inquiries from IT and business leaders by gathering, analyzing, and summarizing data, delivering insights that influence strategic decisions and support the transformation project's success.
• Team Leadership: Manage a team of IT finance professionals, fostering a collaborative and high-performing environment. Mentor staff to ensure robust execution of financial processes and alignment with the Cencora policies and financial controls.

Experience And Educational Requirements
Requires broad training in fields such as business administration, accounting, computer sciences or similar vocations generally obtained through completion of a four-year bachelor's degree program, preferably in Business, Finance, Economics, or Accounting, or Computer Science with additional concentration of study in Finance/Accounting; normally requires a minimum of ten (10) years related and progressively responsible experience in IT, accounting and/or finance. Experience in both financial and technical disciplines is required. Relevant advanced degrees, such as an MBA coupled with a technical undergraduate degree is strongly preferred.

Minimum Skills, Knowledge And Ability Requirements

• Outstanding knowledge of IT products and services; knowledge of Technology Business Management practices. Working knowledge of both IT technical disciplines, plus financial and accounting practices is required.
• Ability to deal with confrontational situations in a positive manner.
• Proficiency in financial tools (e.g., Excel, Power BI, Power Query, Vena) and data analysis platforms, with the ability to leverage technology for strategic insights.
• Exceptional business partnering skills, with experience collaborating with IT and business leaders to drive financial and operational outcomes in a complex, fast-paced setting.
• Strategic mindset with expertise in developing investment strategies and business cases that support transformative initiatives.
• Proven leadership in managing teams and implementing financial processes, with a focus on driving efficiency and transparency.
• Strong analytical and problem-solving skills, with the ability to manage multiple priorities and deliver results under tight deadlines.
• Demonstrated ability to work collaboratively across the organization. Strong leadership skills; ability to lead a team.
• Strong interpersonal skills; ability to develop and maintain business relationships.
• Outstanding problem-solving skills and ability to apply the appropriate tools and level of analysis to specific situations.
• Ability to implement processes resulting in satisfactory audit practices.
• Transformation Project Support: Provide financial leadership for the IT Domain's major transformation project, offering guidance on cost management, resource allocation, and financial performance. Identify and recommend process improvements to enhance the efficiency and impact of financial operations.
• Stakeholder Engagement: Respond to financial inquiries from IT and business leaders by gathering, analyzing, and summarizing data, delivering insights that influence strategic decisions and support the transformation project's success.
• Team Leadership: Manage a team of IT finance professionals, fostering a collaborative and high-performing environment. Mentor staff to ensure robust execution of financial processes and alignment with the Cencora policies and financial controls.

**What Cencora offers****
Benefit offerings outside the US may vary by country and will be aligned to local market practice. The eligibility and effective date may differ for some benefits and for team members covered under collective bargaining agreements.

Full time

**Affiliated Companies****
Affiliated Companies: CENCORA BUSINESS SERVICES INDIA PRIVATE LIMITED

*Equal Employment Opportunity*
Cencora is committed to providing equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, genetic information, national origin, age, disability, veteran status or membership in any other class protected by federal, state or local law.

The company's continued success depends on the full and effective utilization of qualified individuals. Therefore, harassment is prohibited and all matters related to recruiting, training, compensation, benefits, promotions and transfers comply with equal opportunity principles and are non-discriminatory.

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